Earlier this year I announced a record level of funding for the voluntary and co-operative capital schemes. I also substantially increased the capital funding limits for individual housing projects. Funding is also provided by my Department to approved voluntary and co-operative housing bodies towards administrative and operational costs.
My Department, in consultation with the voluntary and co-operative sector, is considering the future policy and operation of the capital funding schemes. Relevant proposals by the voluntary and co-operative sector will be examined in this context.